The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14.1 - Manufacture Of Wearing Apparel, Except Fur Apparel
No information on job gains number available
Announcement Date
2 December 2016
Employment effect (start)
1 November 2016
Foreseen end date
1 December 2017
Description
Façonnable is a French brand of wearing clothes. Spanish company Pepe Jeans acquired this brand in early November 2016, this acquisition aimed to deliver synergies between these two companies. After acquisition, French brand Façonnable plans to close its headquarter located in Côte d'Azur.The administrative and marketing teams of Façonnable are relocated from France to Barcelona, Spain by Pepe Jeans. The news confirmed that this decision reduced its workforce by cutting 78 jobs in France, no data is disclosed about any increasing of jobs in Spain as of press time.
Eurofound (2016), Pepe Jeans, Reshoring in Spain, factsheet number 145, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/145.
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